Require a Income Statement

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Require a Income Statement

Calibri
田。の,A.|明明劃一南南
omat Painter
poard
Font
Alignm
Sales during period is
Raw material used in production
Direct labour cost incurred
Indirect labour cost (fixed)
Indirect labour cost (variable)
Administrative expenses (fixed)
Other variable factory overheads
Fixed Selling and distribution expenses
800,000
70,000
100,000
30,000
60,000
20,000
70,000
50,000
Sale return from customer
20,000
Inventory in finished goods at start
Inventory in finished goods at end
50,000
60,000
Inventory in Work in process at start
20,000
Inventory in work in process at end
30,000
Sheetl
lenovo
Transcribed Image Text:Calibri 田。の,A.|明明劃一南南 omat Painter poard Font Alignm Sales during period is Raw material used in production Direct labour cost incurred Indirect labour cost (fixed) Indirect labour cost (variable) Administrative expenses (fixed) Other variable factory overheads Fixed Selling and distribution expenses 800,000 70,000 100,000 30,000 60,000 20,000 70,000 50,000 Sale return from customer 20,000 Inventory in finished goods at start Inventory in finished goods at end 50,000 60,000 Inventory in Work in process at start 20,000 Inventory in work in process at end 30,000 Sheetl lenovo
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